Abu Dhabi National Energy Company PJSC (ADX: TAQA)

United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
2.840
0.00 (0.00%)
Nov 20, 2024, 10:00 AM GST
-12.35%
Market Cap 318.19B
Revenue (ttm) 54.07B
Net Income (ttm) 7.73B
Shares Out 112.43B
EPS (ttm) 0.07
PE Ratio 41.53
Forward PE n/a
Dividend 0.04 (1.44%)
Ex-Dividend Date Nov 22, 2024
Volume 687,640
Open 2.850
Previous Close 2.840
Day's Range 2.830 - 2.860
52-Week Range 2.510 - 3.500
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Nov 13, 2024

About TAQA

Abu Dhabi National Energy Company PJSC, together with its subsidiaries, operates as an integrated utility company in the United Arab Emirates, North America, Europe, Africa, and internationally. It operates through Power and Water Generation; Power and Water Transmission & Distribution; and Oil and Gas segments. The Power and Water Generation segment engages in the generation of electricity and production of desalinated water for supply; and generation of electricity. The Power and Water Transmission & Distribution segment is involved in the tr... [Read more]

Industry Electric and Other Services Combined
Founded 1998
Employees 7,000
Stock Exchange Abu Dhabi Securities Exchange
Ticker Symbol TAQA
Full Company Profile

Financial Performance

In 2023, TAQA's revenue was 51.72 billion, an increase of 3.33% compared to the previous year's 50.05 billion. Earnings were 16.65 billion, an increase of 107.31%.

Financial Statements

News

Taqa consortium seals 25-year Saudi power purchase deals

For these projects, Taqa will be playing a bigger role as the lead developer and also it will oversee their operations and maintenance

23 hours ago - Zawya

TAQA consortium signs PPAs for 3.6GW gas-powered IPP projects in Saudi Arabia

25-year PPAs signed for Rumaih-2 and Nairyah-2 IPPs; projects to be CCS-ready

2 days ago - Zawya

TAQA, JERA and Al Bawani consortium to develop two new highly efficient power plants in the Kingdom of Saudi Arabia

Consortium signed two 25-year Power Purchase Agreements with Saudi Power Procurement Company to develop Rumah 2 IPP and Al Nairyah 2 IPP, two greenfield combined cycle gas power plants

2 days ago - Zawya

Q3 2024 Abu Dhabi National Energy Company PJSC Earnings Call Transcript

Q3 2024 Abu Dhabi National Energy Company PJSC Earnings Call Transcript

6 days ago - GuruFocus

TAQA Group reports 6% growth in revenue to $11.35 billion

Strong showing by Water Solutions and Transmission & Distribution as net income surges to $1.72 billion), up 13.2%

7 days ago - Arabian Business

ACWA, Taqa consortiums secure 7.2GW Saudi power project deal

The energy mix plan also aims to localise gas turbine manufacturing and allow for the utilisation of carbon capture technologies readiness as part of the ministrys endeavors to achieve the Saudi Visio...

10 days ago - Zawya

UAE: Taqa launches next generation inflow control technology

The M4 Inflow Control System excels in controlling water in ultra-light and light applications and enhances gas production control, providing stability and flexibility in diverse reservoir conditions

4 weeks ago - Zawya

UAE Stocks: TAQA, RAKBANK, Dubai Financial Market

TAQA, RAKBANK, Dubai Financial Market on the UAE Stock Market are the biggest risers and fallers at the close

6 weeks ago - The Armchair Trader

Abu Dhabis TAQA prices $1.75bln dual tranche bonds

The notes will be listed on the London Stock Exchange (LSE)

6 weeks ago - Zawya

TAQA Group successfully prices US$1.75 bln dual tranche 7-year and 12-year bond offering

In line with its ESG Strategy, TAQA prices a US$850 million 12-year green bond offering, its second under the Groups Green Finance Framework

6 weeks ago - Zawya

Dubai: L&T showcases expertise in clean electricity, water systems at Wetex

In UAE, we have completed several substation and cabling projects on time or ahead of schedule for the major regional utilities Dewa and Taqa/Transco

7 weeks ago - Zawya

TAQA Arabia to build new stations at cost of $30mln

In line with its strategic objectives, the company aims to reduce carbon emissions

7 weeks ago - Zawya

UAE Stocks: EMSTEEL Building Materials, Multiply Group

UAE Stock Market: Biggest risers and fallers at the close features EMSTEEL Building Materials, Multiply Group and TAQA

7 weeks ago - The Armchair Trader

UAE Stocks: TAQA, Abu Dhabi National Hotels

UAE Stock Market: Biggest risers and fallers at the close features TAQA, Abu Dhabi National Hotels and Dubai Financial Market

7 weeks ago - The Armchair Trader

COP28-initiative UNEZA set to invest $116bln per year in renewables, grids

Regional companies such as TAQA, Masdar, DEWA and ACWA Power are part of the alliance

7 weeks ago - Zawya

SUEZ, TAQA and Siemens join forces for the future of desalination in emerging countries

Signing a Memorandum of Understanding to participate in the Mohamed bin Zayed Water Initiative

2 months ago - Zawya

Brookfield Divests Saeta Yield To Masdar In $1.4B Deal, Keeps Key Solar Assets

Brookfield Renewable Partners L.P. (NYSE: BEP) and its institutional partners disclosed the sale of Saeta Yield to Masdar, Abu Dhabi Future Energy Company PJSC, for an implied enterprise value of aro...

2 months ago - Benzinga

TAQA announces $1.4bln acquisition deal for Masdar

The transaction is valued at $1.40 billion, which is subject to customary approvals and is expected to take place around the end of 2024, according to a press release

2 months ago - Zawya

Abu Dhabi's TAQA interested in Mediterranean cable project, says Cyprus

Cypriot President Nikos Christodoulides met with senior executives of TAQA, Abu Dhabi's National Energy Company, in New York on Monday

2 months ago - Zawya

TAQA unit awards $41mln wastewater management contract in Abu Dhabi

The contract was awarded to Gulf Contractors Company

2 months ago - Zawya

Abu Dhabi’s TAQA adopts new brand identity, structure

Abu Dhabi Distribution Company and Al Ain Distribution Company to be merged into a single company called TAQA Distribution

2 months ago - Arabian Business

UAE: TAQA announces new unified customer facing distribution company, launches new brand identity

The move is a milestone in the transformation and growth of TAQA and underpins the company's strategy to grow through delivering integrated power and water services in the UAE and internationally

2 months ago - Zawya

Emirates Water and Electricity Company, dmg events announce clean energy partnership

EWECs partnership with dmg events marks the third consecutive year in which EWEC provides the World Utilities Congress, hosted by TAQA, with renewable and clean energy

2 months ago - Zawya

Abu Dhabi’s TAQA completes acquisition of SWS Holding

The acquisition adds significant asset value and further enhances TAQA’s predictable cashflow profile and earnings

2 months ago - Arabian Business